Topic: What Is in a Barrel of Oil
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Answers to Common Questions
How Big is a Barrel of Oil?
One barrel of oil is actually 42 gallons. However, due to processing gains, we actually extract 44.2 gallons of refined products from one barrel of oil. Read More »
Source: http://answers.ask.com/Science/Other/how_big_is_a_barrel_of_oil
How Much is a Barrel of Oil?
Currently, in late October 2009, a barrel of oil costs around $77.00. However, due to the volatile nature of the oil market and world demand this price rises and falls dramatically, even day to day. Look here for more information: http://ww... Read More »
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What is the Price of a Barrel of Oil?
Price of barrel of crude oil varies time to time. Being crude oil extinct, it is increasing and becoming expensive. Usually it is in range or 90 to 120$ now a days. Read More »
Source: http://answers.ask.com/Science/Nature/what_is_the_price_of_a_barr...
More Common Questions
Answers to Other Common Questions
A barrel of oil is 42 U.S. gallons. Oil is not actually shipped in barrels, but in tankers. The standard 42 U.S. gallons is still used as a measurement for pricing.
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The barrels used to transport oil and the barrels used to measure production are different. When oil comes out the well, a barrel is 42 gallons. When the trucks picks up the oil, the barrels are 55 gallons. Look here for more information: h...
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Source: http://answers.ask.com/Science/Nature/how_much_oil_is_in_a_barrel
There are 42 US gallons in a barrel of oil or 159 liters or 35 imperial gallons. Depending on the composition of the oil it should yield about 2.2 more gallons greater than the original 42 due to a processing gain.
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Source: http://answers.ask.com/Science/Other/how_many_gallons_in_a_barrel...
One barrel of crude oil contains fourty two gallons. Once it is refined fourty two gallons of crude oil will produce fourty four gallons of finished product.
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According to Oil-Price.Net at http://www.oil-price.net/index.php?lang=..., the current price as of September 12, 2009 of a barrel of crude oil is $69.12. That is up $.17 or 24% from the day before.
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Source: http://answers.ask.com/Business/Other/what_is_the_price_of_a_barr...
As of today, November 18th, 2009, the price of a barrel of crude oil is nearly $80.00 ($79.84) a barrel. This will cause gas prices to go up substantially.
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Source: http://answers.ask.com/Business/Other/how_much_is_a_barrel_of_oil...
The cost of oil per barrel changes daily, in accordance with the stock market. The price today (11/10/09) is up to $77 per barrel. The price is raising after being below $70 per barrel for some time.
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Source: http://answers.ask.com/Science/Other/what_is_the_cost_of_oil_per_...